simandou

“Net Positive Impact” on biodiversity at closure in the Simandou Project would be a ground-breaking achievement and working example for the global mining industry. Mining and resource companies need to realise that continued increases in global production can only be accommodated through the development of innovative, new technologies that minimise social, environmental and biodiversity impacts…

One of the world’s largest untapped iron ore reserves, a mountain of iron, is at stake in a remote part of south-eastern Guinea. Late last year, Rio Tinto’s CEO, Sam Walsh, announced an imminent agreement with Guinea’s government to secure the southern part of the $20 billion Simandou Iron Ore Project by early 2014. Chinese giant Aluminum Corporation of China Limited (Chalco) had just submitted…

Guinea already has the world’s largest proven bauxite reserves with more than 12 billion tonnes and remains the top exporter of bauxite ore. This small West African country also has significant reserves of gold, diamonds, uranium and offshore oil. Add one of the world’s largest untapped iron ore reserve and Guinea should be set for…

The Simandou Mountain Range in south-eastern Guinea has one of the world’s largest untapped iron ore deposit. This biodiversity hotspot is forecast to produce 95 million tonnes of iron ore for export annually, potentially doubling the GDP of the Republic of Guinea. Wow! Ninety-five million tonnes of high-grade iron ore has a volume of over 18 million…

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